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The transaction was reportedly being offered at a floor price of Rs 1,750 per share, which represents a 10.4% discount to the stock’s last closing price, according to CNBC-TV18.
As of now, no official details of the transaction or the parties involved are known.
At the end of the March 2025 quarter, PhonePe held an 18.7% stake in CE Info Systems. The current deal would reduce its holding to around 13.7%, signalling a partial monetisation of its investment.
CE Info Systems reported a 28% year-on-year (YoY) increase in net profit for the fourth quarter of FY25, with Profit After Tax (PAT) rising to Rs 49 crore, compared to Rs 38.2 crore in Q4 FY24.
The company’s Revenue from Operations grew by 34% YoY to Rs 143.5 crore in Q4 FY25, up from Rs 106.9 crore in the same quarter last year, while the total Income for the quarter stood at Rs 166.7 crore, marking a 40% increase from Rs 119.3 crore in Q4 FY24.Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) rose to Rs 58 crore, up 47% from Rs 39.5 crore in the year-ago period. The company reported an EBITDA margin of 40% in Q4 FY25, compared to 37% in Q4 FY24.Also read: Nifty to climb new high by Sept-Oct; bullish on 3 stocks now: Dharmesh Shah
The PAT margin for the quarter was 29%, slightly lower than 32% reported in the corresponding quarter of the previous year.
On Wednesday, the shares of C.E. Info Systems closed 1.7% higher at Rs 1,952.15 on the BSE.
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